2 weeks Ago By ABMN Staff
Iris Energy Limited ( NASDAQ:IREN – Free Report ) – Equities researchers at HC Wainwright decreased their Q3 2025 EPS estimates for shares of Iris Energy in a research report issued to clients and investors on Thursday, August 29th. HC Wainwright analyst M. Colonnese now anticipates that the company will post earnings of $0.
13 per share for the quarter, down from their previous estimate of $0.22. HC Wainwright currently has a “Buy” rating and a $13.
00 target price on the stock. The consensus estimate for Iris Energy’s current full-year earnings is ($0.01) per share.
HC Wainwright also issued estimates for Iris Energy’s Q4 2025 earnings at $0.22 EPS. A number of other equities research analysts have also recently commented on the stock.
Canaccord Genuity Group reiterated a “buy” rating and issued a $15.00 target price on shares of Iris Energy in a research report on Thursday. Compass Point lowered their price objective on shares of Iris Energy from $18.
50 to $16.00 and set a “buy” rating for the company in a research note on Friday. B.
Riley lowered their price objective on shares of Iris Energy from $18.00 to $17.00 and set a “buy” rating for the company in a research note on Friday, July 12th.
JPMorgan Chase & Co. cut their price objective on shares of Iris Energy from $11.00 to $9.
50 and set an “overweight” rating on the stock in a report on Friday, August 23rd. Finally, Sanford C. Bernstein began coverage on shares of Iris Energy in a report on Wednesday, July 10th.
They set an “outperform” rating and a $26.00 price objective on the stock. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.
com, the company has an average rating of “Buy” and an average price target of $16.25. Iris Energy Stock Performance Shares of Iris Energy stock opened at $7.
91 on Friday. The firm’s 50 day simple moving average is $10.17 and its two-hundred day simple moving average is $7.
92. Iris Energy has a 12-month low of $2.79 and a 12-month high of $15.
75. Institutional Investors Weigh In On Iris Energy Large investors have recently added to or reduced their stakes in the stock. D1 Capital Partners L.
P. acquired a new stake in shares of Iris Energy in the second quarter valued at $17,319,000. Hood River Capital Management LLC bought a new stake in Iris Energy in the 2nd quarter valued at $13,618,000.
Marshall Wace LLP lifted its position in shares of Iris Energy by 33.6% during the 2nd quarter. Marshall Wace LLP now owns 3,811,780 shares of the company’s stock valued at $43,035,000 after acquiring an additional 958,494 shares during the period.
Bank of Montreal Can acquired a new position in Iris Energy in the 2nd quarter worth about $9,969,000. Finally, Vident Advisory LLC increased its stake in shares of Iris Energy by 58.0% in the first quarter.
Vident Advisory LLC now owns 1,954,998 shares of the company’s stock valued at $10,557,000 after buying an additional 717,843 shares during the period. Institutional investors own 41.08% of the company’s stock.
Iris Energy Company Profile ( Get Free Report ) Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia. Recommended Stories Receive News & Ratings for Iris Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iris Energy and related companies with MarketBeat.
com's FREE daily email newsletter ..
